Solflare enters ‘bunker mode’ after crypto attacks, restricts code access
Solflare restricts code access after recent crypto attacks and extends its validator migration deadline to November 30 following a staking security incident....
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South Korea lawmakers push for another crypto tax delay until 2029
South Korea’s ruling Democratic Party lawmakers have agreed to recommend another postponement of the country’s cryptocurrency income tax, with a two-year delay until 2029 emerging as the preferred option. According to Seoul Economic Daily, members of the National Assembly’s Finance,…...
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Financial markets show signs of strain as the AI trade starts to crack
The AI trade’s instability could amplify financial market volatility, impacting global economies, especially those with fiscal vulnerabilities. The post Financial markets show signs of strain as the AI trade starts to crack appeared first on Crypto Briefing....
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Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it....
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North Korea denies role in $6.3B Binance hack, calls FBI claims political
Kim Yo Jong rejects FBI claims linking North Korea to Binance’s $6.3 billion hack as investigators trace stolen crypto across thousands of wallets....
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BlackRock sells $405M worth of Bitcoin as IBIT redemptions pile up
Institutional investor outflows from Bitcoin ETFs may signal broader market volatility, impacting short-term Bitcoin prices and investor sentiment. The post BlackRock sells $405M worth of Bitcoin as IBIT redemptions pile up appeared first on Crypto Briefing....
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US Bitcoin ETFs see $399M in outflows, Ether funds lose $140M
The significant outflows from Bitcoin and Ether ETFs could signal shifting investor sentiment, potentially impacting market stability and future fund strategies. The post US Bitcoin ETFs see $399M in outflows, Ether funds lose $140M appeared first on Crypto Briefing....
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Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key
A 12-person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back. It’s the second time this year....
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Nvidia tells cloud clients to sell at least 51% of services to non-Chinese firms
Nvidia’s directive may reshape global cloud service dynamics, impacting Chinese tech growth and influencing semiconductor market volatility. The post Nvidia tells cloud clients to sell at least 51% of services to non-Chinese firms appeared first on Crypto Briefing....
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Binance XRP Outflows Explode to 226 Million as Whale Activity Reaches Levels Last Seen in 2022
XRP whale net flow on Binance hit -226 million units on October 29. This reading is 2.72 times the -83 million units recorded in September 2022. CryptoQuant analysis flagged 283 million XRP in large-transfer outflows from the exchange that day, as the security breach unfolded. Whale Movement TRM Labs...
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